BT Group (BT.A)

Sector:

Telecom Operators

Index:

FTSE 100

194.65p
   
  • Change Today:
    -0.85p
  • 52 Week High: 197.00p
  • 52 Week Low: 130.45p
  • Currency: UK Pounds
  • Shares Issued: 9,967m
  • Volume: 9,492,248
  • Market Cap: £19,400m
  • RiskGrade: 170

BT revenues fall in Q3 amid weaker phone sales

By Iain Gilbert

Date: Thursday 30 Jan 2025

LONDON (ShareCast) - (Sharecast News) - Telecommunications giant BT said on Thursday that Q3 revenues had fallen amid weaker phone sales and a struggling business unit.

BT said adjusted revenues fell 3% to £5.18bn in the three months ended 31 December on the back of a 12% decline in equipment revenue, mainly handset trading. BT's Q3 revenue result was short of analyst expectations for revenues of £5.25bn.

Adjusted underlying earnings, on the other hand, rose 3.7% in Q3 to £2.1bn, ahead of the £2.06bn average City estimate. Pre-tax profits were up 1% at £427.0m, primarily due to EBITDA growth, offset partially by increased net finance costs and increased depreciation and amortisation.

On a year-to-date basis, revenues were down 3% at £15.32bn, while adjusted EBITDA was 2% higher at £6.23bn.

BT added that its cost transformation programme remained "on track, delivering efficiencies across all units, with energy usage in its networks down 3% in the year-to-date and total labour resource down 3% year-on-year.

Chief executive Allison Kirkby said: "Our ongoing modernisation continues at pace, delivering a further step-up in fibre build and take-up, customer satisfaction and EBITDA. Benefits from our cost transformation more than offset lower revenue outside the UK and weak handset sales.

"BT's continued delivery means we remain on track to deliver our financial outlook for this year and our cash flow inflection to circa £2.0bn in 2027 and circa £3.0bn by the end of the decade.

As of 0840 GMT, BT shares were down 3.70% at 140.60p.











Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BT Market Data

Currency UK Pounds
Share Price 194.65p
Change Today -0.85p
% Change -0.43 %
52 Week High 197.00p
52 Week Low 130.45p
Volume 9,492,248
Shares Issued 9,967m
Market Cap £19,400m
RiskGrade 170

BT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
44.75% below the market average44.75% below the market average44.75% below the market average44.75% below the market average44.75% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Price Trend
86.49% above the market average86.49% above the market average86.49% above the market average86.49% above the market average86.49% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Income
59.67% above the market average59.67% above the market average59.67% above the market average59.67% above the market average59.67% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
56.25% below the market average56.25% below the market average56.25% below the market average56.25% below the market average56.25% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average

What The Brokers Say

Strong Buy 5
Buy 7
Neutral 1
Sell 2
Strong Sell 3
Total 18
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BT Dividends

  Latest Previous
  Final Interim
Ex-Div 07-Aug-25 24-Dec-24
Paid 10-Sep-25 05-Feb-25
Amount 5.76p 2.40p

Trades for 11-Jul-2025

Time Volume / Share Price
16:04 1 @ 194.35p
16:04 1 @ 194.35p
16:04 1 @ 194.35p
16:04 1 @ 194.35p
16:04 2 @ 194.35p

BT Key Personnel

CFO Simon Lowth
CEO Allison Kirkby
Chair Adam Crozier

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